The CEO of Empresas Polar, Lorenzo Mendoza, stated that Venezuela has formally entered a new phase of economic reconstruction in which the private sector and free enterprise will play a leading role, following the exhaustion of the statist economic model.
The statements were made during the…
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Banking
Future uses of blockchain technology
Blockchain technology will continue its deployment into other areas of use in 2026. Its application for tokenizing assets, cryptocurrencies, and digital finance will deepen.
Other sectors will seek to leverage blockchain technology to the…
Europe moves toward the creation of a Digital Identity Wallet
The need to reduce paperwork in data management and provide greater security for citizens has led to the creation of the European Digital Identity Wallet, or EUDI Wallet, which will come into effect in 2026.
This wallet will serve to…
Monday, September 16th will be a bank holiday
According to the holiday calendar of the Superintendency of Banking Sector Institutions (Sudeban), next Monday, Septembrer 16, bank branches will remain closed for the day of the Virgin of Coromoto.
Users of the national banking system…
Monday, August 19 will be a bank holiday
On Monday, August 19, there will be no public attention at the box office in the country's banking agencies, since according to the calendar of the Superintendency of Banking Sector Institutions (Sudeban) it corresponds to the holiday for…
Venezuela assumed vice presidency of the OPEC Fund for International Development
The Venezuelan Vice Minister of Digital Economy, Banking, Insurance and Securities, Román Maniglia announced on Thursday, June 27, that the country assumed the vice presidency of the Organization of the Petroleum Exporting Countries (OPEC)…
Gran Fondo Collado del Cóndor: Bancamiga boosted its brand and banked more Venezuelans
In an effort to accentuate its presence in the west of the country, bank more Venezuelans, position its brand and promote the sport for its intimate relationship with well-being and quality of life, Bancamiga participated in the fourth…
Banks move towards cloud and AI, according to NTT DATA report
Banks have been gradually moving towards a more agile, customer-centric model, adopting cloud-based technologies powered by artificial intelligence (AI). This emerges from the findings of the report 'The Digital Horizon: Banking's Shift…
Bancamiga will promote the development of tourist accommodation in the Circuit of Excellence
In order to encourage Venezuelans to have ever-increasing quality accommodation and tourist services in the country, Bancamiga has signed an alliance with the Circuito de la Excelencia, whose objective is to implement a joint strategy to…
Venezuela advances in cybersecurity with the creation of the Technical Committee
Venezuela, like other countries in the region and the world, faces challenges in the field of cybersecurity. These challenges include the need to strengthen technical resources, provide ongoing training for professionals in the field,…
Net profit of Venezuelan banks increased 2,915 %
An increase of 2,915 % in net profit was recorded by Venezuelan banks from January to June of this year, thanks to innovation in the sector, the offer of new products and services, and an increase in the loan portfolio.
The amount reached…
Lula: “Interest rates are very high”
The President of Brazil, Lula da Silva, once again insisted that interest rates at 13.75 % continue to be "very high" and are detrimental to businessmen who want to increase their investments in the country, being perceived as a figure that…